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ULI

Outlook for Real Estate Industry for Rest of 2018 is Promising, Says Latest ULI...

The U.S. real estate industry is, in general, expected to be stronger than previously anticipated through 2018, according to the latest economic forecast from the Urban Land Institute’s (ULI) Center for Capital Markets and Real Estate
BOMA

BOMA INTERNATIONAL TESTIFIES BEFORE CONGRESS ON 179D

The Building Owners and Managers Association (BOMA) International testified before Congress today on the importance of making permanent and modernizing the Energy Efficient Commercial Building Tax Deduction, commonly referred to as 179D after its U.S. Internal Revenue Code section number. 

Lincoln Institute of Land Policy updates signature property tax resource

The Lincoln Institute of Land Policy has released a comprehensive update of State-by-State Property Tax at a Glance, the most thorough online resource for U.S. property tax information for policy makers, researchers, journalists, the real estate industry, and home owners.
DOI

Secretary Zinke announces $60 million cooperative agreement to promote fishing and boating and $14...

U.S. Secretary of the Interior Ryan Zinke today announced a $60 million cooperative agreement with the Recreational Boating and Fishing Foundation (RBFF) to help retain and recruit recreational anglers and boaters of all ages. Zinke is also announcing $14 million in Boating Infrastructure Grants (BIG), which support water-related outdoor recreation and tourism by improving facilities for large transient recreational boats across the country.

Wyden Statement on Trump Infrastructure Plan

Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today released the following statement regarding the president’s infrastructure plan: “This is another broken promise to rebuild America’s aging infrastructure. They ignored bipartisan proposals like the one I have with Sen. John Hoeven to responsibly expand infrastructure investment.
ASE

Infrastructure Plan Needs More On Energy Efficiency To Avoid Taxpayers Footing High Energy Costs...

The Alliance to Save Energy released the following statement from President Kateri Callahan in response to the Trump administration’s infrastructure plan released today: “We need to do this the right way up-front, because there’s a real downside to building new things when you have to spend an arm and a leg to run them.

Wyden Secures Priorities for Seniors, Kids, Clean Energy

Senate Finance Committee Ranking Member Sen. Ron Wyden, D-Ore., today cheered the inclusion of several Finance Committee policies he championed as a part of the recently announced budget deal. These include the CHRONIC Care Act, the Family First Act, a further extension of funding for the Children’s Health Insurance Program (CHIP) for four additional years, and critical extenders in the Medicare, Medicaid, health and human services, and tax spaces, including five years of funding for advanced technology tax credits and home visiting programs
Financial Services Committee

House Passes Mortgage Choice Act

On Thursday, the House voted 280-131 to pass H.R. 1153, the Mortgage Choice Act of 2017. This bipartisan legislation, which was sponsored by Rep. Bill Huizenga (R-MI), would preserve consumer choice and help more Americans – especially those with low- and moderate-incomes and first time homebuyers – achieve the dream of homeownership.
Natural Resources

House Passes Bipartisan Bill to Increase Transparency of Utility Rates for American Taxpayers

The House passed H.R. 2371, the “Western Area Power Administration Transparency Act.” Introduced by Subcommittee on Energy and Mineral Resources Chairman Rep. Paul Gosar (R-AZ), the bill establishes a pilot project to increase the transparency of the Western Area Power Administration’s (WAPA) costs, rates, and other financial and operational dealings for utility ratepayers and taxpayers.
Discrimination

How Workplace Discrimination Impacts Employees

According to the Enforcement and Litigation Data report for fiscal 2016, released by the US Equal Employment Opportunity Commission (EEOC) on January 18, 2017, the EEOC received 91,503 charges of workplace discrimination in 2016. Out of all the workplace discrimination charges

Lawyers’ Committee for Civil Rights Under Law Blasts U.S. Department of Housing and Urban...

Kristen Clarke, president and executive director of the Lawyers’ Committee for Civil Rights Under Law, issued the following statement Friday regarding the U.S. Department of Housing and Urban Development’s (HUD) decision to postpone the implementation of the Affirmatively Furthering Fair Housing (AFFH) rule until October 2020.
Congresswoman Eleanor Holmes Norton

Norton Says Congressional Budget Process Ironically Allows D.C. Homeowners to Avoid New Property Tax...

Congresswoman Eleanor Holmes Norton (D-DC) said that in one of the great ironies of the onerous District of Columbia budget process, D.C. residents can prepay their 2018 property taxes by December 31, 2017, to avoid the $10,000 state and local tax deduction cap that takes effect next year.
Speaker Paul Ryan

The Biggest Tax Reform In A Generation Is Now Law

House Speaker Paul Ryan (R-WI) issued the following statement on enactment of the Tax Cuts and Jobs Act: “The biggest tax reform in a generation is now the law of the land. As promised, the American people will begin the new year with a new tax code.
NAR

Realtors® Say Tough Work Still Ahead as Tax Reform Bill Heads to President’s Desk

The U.S. House and Senate today passed the conference agreement of the “Tax Cuts and Jobs Act,” marking a near end-of-the-road for Congress’s tax reform efforts this year. The president is expected to sign the bill later this week.
NLIHC

Statement by National Low Income Housing Coalition President and CEO Diane Yentel — Response...

While the preservation of Low Income Housing Tax Credits and Private Activity Bonds avoids an immediate devastating impact on affordable housing, this bill will exacerbate our country’s already yawning income inequality and will harm efforts to end homelessness and housing poverty. An estimated 64% of the bill’s benefits go to the top 1% of earners, at a cost to the country of over $1 trillion.
AGC

CONSTRUCTION EMPLOYERS ADD 24,000 JOBS IN NOVEMBER AND 184,000 OVER THE YEAR; HOURLY EARNINGS...

Industry Employment Reaches 10-Year High and Unemployment Rate Falls to 5.0 Percent; Association Officials Say Tax Rate Cuts Will Enable Firms to Increase Pay and Attract More Workers to Construction. Construction employment increased by 24,000 jobs in November to the highest level since November 2008

Infographic: Homeowners Say Changing Homeownership’s Tax Incentives Restricts Mobility, Causes Financial Strain

An overwhelming majority of homeowners would take advantage of the mortgage interest deduction and state and local property tax deductions if they were to purchase a new home, and a notable share said that the proposed changes to these tax incentives would affect their budget and desire to move in the future
NAR

Realtors®: Senate-Passed Tax Legislation Bad News for Homeowners

The U.S. Senate today passed tax reform legislation that the National Association of Realtors® believes puts home values at risk and dramatically undercuts the incentive to own a home.
AGC

SENATE TAX REFORM MEASURE HAS IMPROVED SUBSTANTIALLY BUT LACK OF INFRASTRUCTURE INVESTMENTS, TEMPORARY NATURE...

The chief executive officer of the Associated General Contractors of America, Stephen E. Sandherr, issued the following statement today in connection with the proposed Senate tax reform measure
MBA

MBA Applauds Senate for Inclusion of Rounds Amendment in Tax Bill

David H. Stevens, CMB, President and CEO of the Mortgage Bankers Association, offered the following statement praising efforts by Senate Leadership, Senator Mike Rounds (R-SD), Senate Finance Committee Chairman Orrin Hatch (R-UT), Senate Banking Committee Chairman Mike Crapo (R-ID) and Senator David Perdue (R-GA), to address language in Section 13221 of the Senate Tax Reform Bill relating to mortgage servicing rights (MSRs)

Business Real Estate Press Releases

Top Tips For Buying Your First Home

Buying your first home can be stressful, but it doesn’t have to be. While moving home can be a whirlwind, with a good understanding of the process and what documents you need to be completed by what stage of the moving process, you can rest assured that your move will go to plan. In order to make buying your first home easier for you, we've put together some of our top tips.

Recent Gov & Nonprofit Real Estate Press Releases

Enterprise Community Partners

Brian McLaughlin to lead Enterprise Community Development, one of the nation’s...

Brian McLaughlin has been named president and CEO of Enterprise Community Development (ECD), a new organization that brings together two of the Mid-Atlantic’s leading developers and managers of affordable, well-designed homes: Community Preservation